Close Brothers Limited acquired Bluestone Motor Finance (Ireland) DAC and rebranded it as Close Brothers Motor Finance in April 2024.
Information on the Target
In 2023, Close Brothers Limited successfully acquired Bluestone Motor Finance (Ireland) DAC, which was subsequently rebranded as Close Brothers Motor Finance in April 2024. This strategic move integrates Bluestone's established capabilities in motor finance into the Close Brothers portfolio, elevating their presence in the market.
Close Brothers Motor Finance specializes in providing financial solutions tailored to both cars and vans across Ireland. Leveraging a robust network of motor dealers nationwide, the company has positioned itself as a leader in the motor finance sector since its inception in 2014.
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Industry Overview in Ireland
The motor finance industry in Ireland has witnessed significant growth over the past few years, driven by increasing consumer demand for personal and commercial vehicle
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Close Brothers Limited
invested in
Bluestone Motor Finance (Ireland) DAC
in 2023
in a Buyout deal